Next to buy major stake in Victoria's Secret UK - UK Investor Magazine

British clothing retailer Next plc (LON: NXT) has agreed to a 51% stake in US-owned lingerie firm Victoria’s Secret (NYSE: LB) after its UK arm fell into administration in June. The move is expected to save some 500 jobs across the country, after the coronavirus pandemic forced all of its 25 stores nationwide to shut […]

Next Plc buys majority stake in Victoria's Secret UK arm

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